empty
 
 

21.10.202614:33:57UTC+00US Crude Oil Inventories Fall More than Expected

US crude oil inventories declined by 3.061 million barrels in the week ended October 16, significantly exceeding market expectations of a 0.8 million-barrel draw. In contrast, crude stocks at the Cushing, Oklahoma, delivery hub increased by 0.987 million barrels. Refinery crude runs edged higher as well, rising by 0.034 million barrels per day. Gasoline inventories fell by 2.952 million barrels, a much larger drop than the anticipated 0.4 million-barrel decrease. Distillate stockpiles—which include diesel and heating oil—climbed by 1.675 million barrels, defying forecasts for a 1.2 million-barrel decline. Meanwhile, net US crude imports rose by 0.837 million barrels per day.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback